Fewer and fewer Americans bother to vote as many Americans have become disgusted with the corruption of their political system, and Democratic politicians are weeping in their beer over their losses in the last election. All is not lost. Some people are no longer looking to the electoral system to bring about needed change and have begun working for systemic change....Some cities, for instance, are beginning to look beyond traditional progressive policies to experiment with ways to democratize wealth and ownership in order to help stabilize the local economy. Recently, Santa Fe mayor Javier Gonzales announced that the city was moving forward with a study on how to create a public bank, explaining that the city’s existing provider of financial services, Wells Fargo, “take[s] city revenues, taxpayer dollars, and [uses] those dollars as part of a loan portfolio for folks outside of Santa Fe and New Mexico.” The Boulder, Colorado city council – with repeated support from local residents at the ballot box and in the teeth of tremendous opposition from the existing provider, Xcel Energy – has pressed forward with efforts to form a publicly-owned utility in order to increase environmental sustainability and the use of renewable energy. Since I cant see Portland Oregons city council taking either of these actions - perhaps its clear that we need to put new people in their seats.
Posted on: Mon, 12 Jan 2015 04:54:09 +0000
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